All of the following are true regarding the Fair Credit Reporting Act, EXCEPT:
A. Credit report may be used to obtain financial and moral status of an applicant
B. If a person has been denied insurance because of the credit report they have recourse and can review the report for accuracy and demand it be corrected
C. If the report had corrections made, the insurer is required to issue the application
D. Protects consumers right to privacy making certain data is confidential and properly used and requires the agent provide a notice at application that they can review the files